Guilt, fines remain hazy as Saudi corruption purge draws to close


  • World
  • Tuesday, 30 Jan 2018

Saudi Arabian billionaire Prince Alwaleed bin Talal sits for an interview with Reuters in the office of the suite where he has been detained at the Ritz-Carlton in Riyadh, Saudi Arabia. REUTERS/Katie Paul

RIYADH (Reuters) - Saudi Arabian media magnate Waleed al-Ibrahim was found innocent in an anti-corruption purge, a source at his company said on Monday, part of a wider campaign against graft whose secrecy could hurt the country's effort to win foreign investment.

Ibrahim, who controls influential regional broadcaster MBC, was one of at least half a dozen top businessmen freed from more than two months of detention at the weekend after being interrogated by officials who said they aimed to recover $100 billion of illicit funds.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Colombia paramilitary leader Salvatore Mancuso released by Bogota court
Wildfire evacuation notice issued for oil sands rich Alberta town
Five killed in Ukrainian strikes on Russian border regions, Donetsk, officials say
Russia takes five villages in Ukraine's Kharkiv region, defence ministry says
Afghanistan floods kill at least 153, Taliban interior ministry says
Prince William says Kate's 'doing well,' in rare comments since cancer diagnosis reveal
U.S. deeply alarmed by Georgia's foreign agent bill, Sullivan says
India poll watchdog's inaction lets PM Modi commit 'brazen' violations, opposition says
Powerful solar storm pummels Earth, threatening disruption
Learn programming in space in free app ‘Rabbids Coding!’ (PC/mobile)

Others Also Read